Buyout or fond goodbye? More on Lyman’s parting check

I wrote last week about a six-figure severance check Judson ISD just sent to its former superintendent, Ed Lyman.

Board President Rick Maas said then he wasn’t sure whether the payment was officially called a buyout.

Here’s the language from the settlement agreement, so you can decide for yourself: “on June 21, 2007, JISD agreed to accept the resignation of Lyman, effective July 31, 2007, in exchange for Lyman’s acceptance of $100,000.00.”

In addition, the two parties promised not to sue each other over issues ranging from libel to breach of contract. Neither party admits any wrongdoing and both agree not to say disparaging things about each other, for instance, to prospective employers.

The whole deal is confidential, except when that’s trumped by the Texas Public Information Act — which is how you’re getting these details.